Funding arb · Price arb /

DASH

all DASH markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.014%

Price spread now: Coinbase International against Bybit−0.151%7-day average +0.190% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$590.586% of the position

Long on Bybit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 3 days (all we have)+0.341%+$34 · spread now −0.151%, 7d avg +0.190%

Together, before fees+0.329%+$33 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.341% cheaper against Bybit than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.190%). If the spread goes back, that is −$34 on $10k: about 7.7 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit DASHUSDT	59.590	0.0100	pay 0.0100% / 8h	59m 33s	$10.5M	$18.4M	75x
Short	Coinbase International DASH-PERP-INTX	59.500	0.0248	get 0.0031% / 1h	59m 33s	$99K	$220K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee Coinbase InternationalbpOrdersPrice spread, now −0.151%Rate

Funding earned: $31.08
Price spread: −0.151% → +0.190%: −$34.09
Slippage, 4 orders: −$37.58
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$61.59
Costs to cover: 0.586%
Break-even: 20.9 days

Slippage from Bybit: live order book, 4 min ago; Coinbase International: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 4 min ago	0.84 bp	9.8 bp −$10	21.2 bp −$212	154.4 bp −$15.4K	doesn't fit
Sell Coinbase International live order book, 18 min ago	8.50 bp	18.3 bp −$18	32.8 bp −$328	doesn't fit	doesn't fit

DASH on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective DASH/USDC PERP	−0.0017%	1h	58.850	−1.242%	$7	$134K	5.5x	as long as short
KuCoin DASHUSDTM	−0.0001%	8h	59.550	−0.067%	$8.2M	$3.9M	30x	as long as short
Deribit DASH_USDC-PERPETUAL	0.0000%	1h	59.580	−0.017%	$238	$2K	50x	as long as short
Lighter DASH	+0.0096%	1h	59.630	+0.067%	$127K	$118K	10x	as long as short
Aster DASHUSDT	+0.0100%	8h	59.575	−0.025%	$128K	$365K	20x	as long as short
Binance DASHUSDT	+0.0100%	8h	59.590	0.000%	$28.3M	$85.9M	75x	as long as short
Bybit DASHUSDTlong	+0.0100%	8h	59.590	long leg	$10.5M	$18.4M	75x
OKX DASH-USDT-SWAP	+0.0100%	4h	59.540	−0.084%	$5.3M	$27.5M	50x	as long as short
Gate DASH_USDT	+0.0100%	8h	59.610	+0.034%	$1.8M	$2.5M	50x	as long as short
MEXC DASH_USDT	+0.0100%	8h	59.620	+0.050%	$21.2M	$9.8M	100x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DASHUSDT	+0.0100%	8h	59.590	0.000%	$6.5M	$2.8M	50x	as long as short
BingX DASH-USDT	+0.0100%	8h	59.560	−0.050%	—	$6.3M	—	as long as short
Variational Omni DASH	+0.0100%	8h	59.497	−0.156%	$313K	$277K	—	as long as short
SunX DASH-USDT	+0.0100%	8h	59.580	−0.017%	$25K	$1.2M	20x	as long as short
SoDEX DASH-USD	+0.0100%	1h	59.560	−0.050%	$273K	$4K	5x	as long as short
HTX DASH-USDT	+0.0100%	8h	59.630	+0.067%	$125K	$201K	30x	as long as short
Extended DASH-USD	+0.0104%	1h	59.577	−0.021%	$10K	$202K	10x	as long as short
BloFin DASH-USDT	+0.0220%	8h	59.550	−0.067%	$2.7M	$1.3M	75x	as long as short
Kraken Futures PF_DASHUSD	+0.0236%	1h	59.631	+0.069%	$726K	$2.7M	25x	as long as short
Coinbase International DASH-PERP-INTXshort	+0.0248%	1h	59.500	−0.151%	$99K	$220K	25x
GMX DASH/USD [WBTC.b-USDC]	L +0.0482% / S −0.0419%	1h	59.565	−0.042%	$127K	—	50x	as long as short
Hyperliquid DASH	+0.0629%	1h	59.693	+0.173%	$4.5M	$2.4M	5x	as long as short